Hilliard v. Cagle
Mississippi Supreme Court
Appeal from chancery court of Lincoln county. Peytoet, Chancellor. This was a bill by sundry judgment creditors of W. P. Baggett to vacate and cancel a deed of trust he had executed to secure Summers & Brannin. The particulars of the execution of the deed of trust are fully stated in the opinion of the court.
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Appeal from chancery court of Lincoln county. Peytoet, Chancellor. This was a bill by sundry judgment creditors of W. P. Baggett to vacate and cancel a deed of trust he had executed to secure Summers & Brannin. The particulars of the execution of the deed of trust are fully stated in the opinion of the court. The complainants, severally, had taken out attachments against Baggett, and all had been levied on the land, and some on the personal property embraced in the deed of trust, and they had, severally, obtained judgments on their demands against Baggett, and united in this bill to cancel…
1Opinion of the Court
Simkall, J.:
W. P. Baggett was a large merchant and cotton dealer, doing business at Brookhaven, having intimate relations with Summers & Brannin, cotton factors at New Orleans. The latter, according to the course of the dealings, advanced money and credit to Baggett to keep up his stock of merchandise, and to supply funds with which in part to buy cotton to be shipped to and sold by them. In December, 1866, a large cash balance was due to Summers & Brannin, subject, however, to credit by the proceeds of cotton then in hand, but not sold. In view of a continuation of the business on the same…
2Cases cited4 opinions
- Bullitt, Miller & Co. v. Taylor & RichardsonMississippi Supreme Court · 1858
- Summers v. A. Roos & Co.Mississippi Supreme Court · 1869
- Wells v. TreadwellMississippi Supreme Court · 1855
- Lear v. FriedlanderMississippi Supreme Court · 1871
3Cited by38 opinions
- Blennerhassett v. ShermanSupreme Court of the United States · 1882
- Landis v. McDonaldMissouri Court of Appeals · 1901
- Hutchinson v. First National Bank of Michigan CityIndiana Supreme Court · 1892
- Central National Bank v. DoranSupreme Court of Missouri · 1891
- Clayton v. Exchange BankCourt of Appeals for the Fifth Circuit · 1903
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